Michael Sheldon Quotes

"We're not seeing a lot of conviction, either by buyers or sellers, so far this week."

"The fall has traditionally caused anxiety for investors and produced some big declines, particularly in late August and early September."

"The rally the past few days shows investors are willing to look past this period of uncertainty toward a pickup in growth in early 2006. It's a pretty optimistic viewpoint and that could change when the data comes in."

"Clearly, we're seeing a Bush victory rally."

"I think the fact that Greenspan brought the issue of a declining dollar, global trade imbalances and protectionism to the forefront adds to the pressure today."

"The mood of the market has clearly improved in recent weeks and this most likely reflects optimism that the Fed is close to the end of its recent rate tightening cycle."